News
SBV: On the issuance of the Circular guiding foreign exchange management for outbound investment in oil and gas activities
On October 31, 2025, Deputy Governor Pham Thanh Ha signed Circular No. 40/2025/TT-NHNN guiding foreign exchange management for outbound investment in oil and gas activities (replacing the Circular No. 31/2018/TT-NHNN dated December 18, 2018).
-
Nearly 18 billion cashless transactions recorded in nine months
Nearly 18 billion cashless transactions were recorded in the first nine months of this year, with total value surpassing VNĐ260 quadrillion (nearly US$10 billion).
-
SBV: The issuance of the Circular No. 39/2025/TT-NHNN
On the October 31, 2025, the Governor of the State Bank of Vietnam (SBV) signed and promulgated Circular No. 39/2025/TT-NHNN prescribing the opening and use of foreign currency accounts abroad by residents being organizations.
-
SBV: The issuance of Circular No. 43/2025/TT-NHNN
On November 14, 2025, the Governor of the State Bank of Vietnam signed and promulgated Circular No. 43/2025/TT-NHNN amending and supplementing several articles of Circular No. 08/2022/TT-NHNN prescribing the order and procedures for bank supervision.
-
Coordinated fiscal and monetary policy helps keep inflation stable
Coordination between fiscal and monetary policy, as well as the Ministry of Finance’s efforts to stabilise prices, has been essential in maintaining price stability and strengthening public and business confidence, according to economists.
-
Viet Nam accelerates credit growth in the final months of 2025
As Viet Nam enters the fourth quarter, the economy is showing many positive signs: industry is recording double-digit growth, exports are surging, and inflation remains under control. Amid this recovery, credit flows within the banking system continue to play the role of the economy’s lifeblood, flowing strongly into production and business activities and creating momentum for sustainable growth.
-
Banks dominate Vietnam's Q3 earnings season, Novaland posts biggest loss
Banks accounted for more than half of the 20 most profitable listed companies in Vietnam’s Q3/2025 earnings season, while property developer Novaland recorded the largest loss.
-
Banks raise deposit rates as year-end lending heats up
Banks are lifting deposit rates to secure year-end funding as credit demand accelerates and liquidity pressures rise, signalling a renewed upward cycle in savings costs.
-
SBV unveils the strategy for digital transformation of the banking sector until 2030
The State Bank of Vietnam (SBV) is pleased to announce the official release of its Strategy for Digital Transformation of the Banking Sector until 2030. This strategic initiative underscores SBV’s commitment to modernizing Vietnam’s banking industry, leveraging digital technologies, strengthening infrastructure, and fostering an integrated financial ecosystem that supports sustainable growth and inclusive finance.
-
SBV issues Circular No. 42/2025/TT-NHNN on independent audit of cooperative credit institutions
Hanoi, November 11, 2025 – The State Bank of Vietnam (SBV) today announced the issuance of Circular No. 42/2025/TT-NHNN, providing detailed regulations on independent audits of cooperative credit institutions, including cooperative banks and people’s credit funds.
-
State Bank of Vietnam: On the issuance of Circular No. 41/2025/TT-NHNN
On the issuance of Circular No. 41/2025/TT-NHNN dated November 5, 2025, amending and supplementing a number of provisions of Circular No. 40/2024/TT-NHNN on the provision of intermediary payment services
-
“Vietnam’s banking sector aiming for high standards of creditworthiness and sustainable development”
Hanoi, 11 November 2025 – On the morning of 11 November in Hanoi, the Vietnam Banks Association (VNBA), together with Fitch Ratings, held the forum titled “Vietnam Banking: Credit Outlook and Sustainable Finance”. The event focused on charting a path for Vietnam’s banking system toward high credit-rating standards and sustainable development by combining credit ratings, effective risk-governance, and ESG (environmental, social, governance) criteria.
-
Banks see strong Q3 profits on surging forex trading
Banks recorded solid third-quarter earnings, with strong gains from foreign exchange trading helping cushion the impact of slower credit growth.
